search
cart
facebook instagram twitter linkedin youtube
  • Sign In
  • Create Account
  • Sign Out
  • My Account
  • NEWS
  • PRODUCTS
    • FEATURED PRODUCTS
  • CONTRACTORS
    • BATH & KITCHEN PRO
    • BUSINESS MANAGEMENT
    • HIGH EFFICIENCY HOMES
    • TECHNOLOGY
    • WATER TREATMENT
    • PMC COLUMNS
      • Dave Yates: Contractor’s Corner
      • John Siegenthaler: Hydronics Workshop
      • Kenny Chapman: The Blue Collar Coach
      • Matt Michel: Service Plumbing Pros
      • Scott Secor: Heating Perceptions
  • ENGINEERS
    • CONTINUING EDUCATION
    • DECARBONIZATION | ELECTRIFICATION
    • FIRE PROTECTION
    • GEOTHERMAL | SOLAR THERMAL
    • PIPING | PLUMBING | PVF
    • PME COLUMNS
      • Christoph Lohr: Strategic Plumbing Insights
      • David Dexter: Plumbing Talking Points
      • James Dipping: Engineer Viewpoints
      • John Seigenthaler: Renewable Heating Design
      • Lowell Manalo: Plumbing Essentials
      • Misty Guard: Guard on Compliance
  • RADIANT & HYDRONICS
    • RADIANT COMFORT REPORT
    • THE GLITCH & THE FIX
  • INSIGHTS
    • CODES
    • GREEN PLUMBING & MECHANICAL
    • PROJECT PROFILES
    • COLUMNS
      • Codes Corner
      • Natalie Forster: Editorial Opinion
      • Guest Editorial
  • MEDIA
    • EBOOKS
    • PODCASTS
    • VIDEOS
    • WEBINARS
  • RESOURCES
    • INDUSTRY CALENDAR
    • DIRECTORIES
    • PM BOOKSTORE
    • CE CENTER
    • MARKET RESEARCH
    • CLASSIFIEDS
  • EMAGAZINE
    • EMAGAZINE
    • ARCHIVE ISSUES
    • CONTACT
    • ADVERTISE
    • PME EMAGAZINE ARCHIVES
  • SIGN UP!
Plumbing News

March 23, 2007 - Home Depot Undecided On HD Supply

By Steve Smith
March 23, 2007
The Home Depot Inc. hasn’t reached any decisions to sell HD Supply, but it is rolling out additional retail marketing plans and store expansions.

The Home Depot Inc. hasn’t reached any decisions to sell HD Supply as it announced additional retail plans, including paying trade professionals $30 an hour to staff stores as well as building bigger and smaller stores.

“We have not decided one way or another what to do with the supply business,” said Frank Blake, chief executive, at a Merrill Lynch retailing conference in New York yesterday. He also added that the idea that the struggling retailer will definitely sell its wholesale operations is wrong.

The company has not said whether it has received any offers for HD Supply, although most speculation says the first round of bids may already be on Blake’s desk.

Since announcing the possibility of selling HD Supply, however, the company has continued to make moves toward the professional trades - even buying a chain of construction supply centers earlier this month to add to territory not well covered by HD Supply before.

The company has also said it plans to spend $415 million on “Own the Pro” professional customer marketing this year, including credit, direct ship and loyalty programs.

In other news at the retail conference, Home Depot outlined plans to invest in its 2,000-plus retail outlets and build additional stores:

  • The company will offer as much as $30 an hour to hire trade specialists for some of its retail stores.

    Although the company won’t say exactly how many professionals it may hire, Home Depot does intend to add 83,000 new employees by mid-year to staff its stores. The company interviews 350,000 people each year for store jobs.

  • The company will try out even bigger stores as well as much smaller stores.


Home Depot is currently building its largest store ever in Union, N.J., big enough to fit four football fields inside. The store is going up on the site of a closed Home Depot Expo Design Center. The superstore concept will attempt to merge the more upscale Expo merchandise with a regular Home Depot store. If successful, the company may build others in 50 top markets across the country.

Meanwhile, junior versions of Home Depot will soon open in the San Francisco Bay area.  These stores will be about half the size of the Home Depot’s typical big box. Late last year, Home Depot bought a local chain called Yardbirds, which are currently being converted into the new smaller Home Depots. The company already has plans to open two others in Georgia later this year.

“The marketplace for the traditional home improvement store is shrinking, and there’s not much we can do within that realm,” said Mike LaFerle, vice president of real estate. “We said we’re going to open 400 to 500 stores by 2010, so we have to look at multiple new designs as part of that.”

Share This Story

Looking for a reprint of this article?
From high-res PDFs to custom plaques, order your copy today!

Steve Smith was editor of Plumbing & Mechanical from 1996-2009.

Recommended Content

JOIN TODAY
to unlock your recommendations.

Already have an account? Sign In

  • 2025 Next Gen ALL-STARS hero 1440

    2025 Next Gen All Stars: Top 20 Under 40 Plumbing Professionals

    This year’s group of NextGen All-Stars is full of young...
    Plumbing & Mechanical Engineer
    By: Kristen R. Bayles
  • Worker using the Milwaukee Tool SWITCH PACK drain cleaner

    Pipeline profits: Drain cleaning, pipe inspection create opportunities

    Drain cleaning and inspection services offer lucrative...
    Plumbing News
    By: Nicole Krawcke
  • Uponor employee, Arturo Moreno

    The reinvestment in American manufacturing and training

    Plumbing & Mechanical Chief Editor Nicole Krawcke and...
    Plumbing News
    By: Nicole Krawcke and Natalie Forster
Manage My Account
  • eNewsletters
  • Online Registration
  • Subscription Customer Service
  • eMagazine
  • Manage My Preferences

More Videos

Popular Stories

Hot water pipes

Campus shutdown at Oakland University exposes hidden risks of aging hot-water infrastructure

Floor heating manifold cabinet with flowmeter and PEX pipe.

Elegance extended: How to use the homerun system of connecting heat emitters

Industrial pressure gauge on a tank.

From cutting edge to classic: How to modernize outdated pneumatic control systems

Poll

Will business be up or down in 2025?

Do you anticipate business in 2025 to be up or down in comparison to 2024?
View Results Poll Archive

Products

The Water Came To A Stop

The Water Came To A Stop

See More Products
eBook | 2025 Radiant & Hydronics All Stars

Related Articles

  • Home Depot Undecided On HD Supply

    See More
  • Feb. 19, 2007 - Home Depot Considers Selling HD Supply

    See More
  • Feb. 22, 2007 - Is Home Depot Serious About Selling HD Supply?

    See More

Related Products

See More Products
  • Inspector Book.jpg

    Lessons Learned: A Guide to Boilers for Home Inspectors

See More Products
×

Keep your content unclogged with our newsletters!

Stay in the know on the latest plumbing & piping industry trends.

JOIN TODAY!
  • RESOURCES
    • Advertise
    • Contact Us
    • Directories
    • Store
    • Want More
    • Supply House Times
  • SIGN UP TODAY
    • Create Account
    • eMagazine
    • eNewsletter
    • Customer Service
    • Manage Preferences
  • SERVICES
    • Marketing Services
    • Reprints
    • Market Research
    • List Rental
    • Survey/Respondent Access
  • STAY CONNECTED
    • LinkedIn
    • Facebook
    • Instagram
    • YouTube
    • X (Twitter)
  • PRIVACY
    • PRIVACY POLICY
    • TERMS & CONDITIONS
    • DO NOT SELL MY PERSONAL INFORMATION
    • PRIVACY REQUEST
    • ACCESSIBILITY

Copyright ©2025. All Rights Reserved BNP Media.

Design, CMS, Hosting & Web Development :: ePublishing